Coca-Cola (KO) split question

[Kaitlyn]

So the stock is splitting - I think it's supposed to be August 10th? But I read somewhere that the "record" date was July 27th.

So what happens if you buy between now and the 10th? Surely your shares would still double...?

[Cerenity]

yes. record date here does not mean the same as it does for dividends
if you sell the pre-split stock during this period your rights to the split shares are transferred to the buyer

you can google it and find links to various company stock split FAQs that explain this.